The EUR/JPY cross trades in positive territory around 176.85 during the early European session on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY). Japanese Finance Minister Satsuki Katayama said on Friday that the officials are observing one-sided, swift foreign exchange shifts recently. Katayama added […]
The Japanese yen remained under significant pressure on Friday, trading near the psychologically important 160-per-dollar level after sustained selling throughout the week. The decline has prompted fresh warnings from Japanese authorities, who have indicated that intervention remains an option if currency movements become excessive or disorderly. The latest comments highlight growing concern among policymakers about […]
The yen has suffered a pronounced weakness in recent days. Overnight, USDJPY touched a two-month high of 159.94 and currently remains near these levels. This movement is primarily driven by rising expectations of interest rate hikes by the Federal Reserve, following higher-than-expected US inflation data for October. Figure 1: USDJPY and US–Japan yield spread (08.2026 […]
The Japanese yen weakened towards the psychologically important 160-per-dollar threshold on Thursday, extending losses for a second consecutive session and reaching its weakest level in more than two months. The decline has brought the prospect of renewed currency intervention into focus, as Japanese officials signal that they remain alert to excessive movements in the foreign […]
The Japanese yen weakened towards 159 per US dollar on Wednesday, approaching a two-month low as stronger-than-expected US inflation data and increasingly hawkish Federal Reserve commentary supported the dollar. Expectations of further US monetary tightening have intensified, leaving the yen under pressure despite growing signals that the Bank of Japan is preparing to raise interest […]
EUR/JPY gains ground for the second successive day, trading around 177.30 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is maintaining a mildly bearish bias as it holds below the 50-day […]
The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), bolstered by heavy official intervention. According to quarterly figures released by the Ministry of Finance (MOF) on Monday, Japan conducted currency market interventions on three days between July […]
The Japanese yen has weakened towards 158 per US dollar, surrendering part of its previous session’s gains despite increasingly hawkish signals from the Bank of Japan (BOJ). Policymakers appear broadly aligned on the need for further interest-rate increases, with underlying inflation approaching the central bank’s 2% price stability target. However, expectations of tighter monetary policy […]
Asian currency markets are showing renewed weakness, with the Indian rupee recording the largest decline among the region’s major currency losers. The South Korean won and Japanese yen are also trading lower, while the Chinese yuan remains broadly unchanged. The latest performance highlights diverging movements across Asia’s foreign-exchange markets, with the rupee under the greatest […]
Global currency markets are showing broad-based gains across several major currencies, with the South Korean won leading the advance after strengthening by 0.82%. The New Zealand dollar followed with a 0.79% increase, while the Australian dollar gained 0.34%. The British pound and Japanese yen both advanced by 0.17%, while the euro recorded a smaller gain […]